PRODUCTIVITY GRANT
The Productivity Grant aims to discover and aid groundbreaking products with the potential to enhance customer productivity and operational efficiency. Focused on three key industries – Agro-food, Tourism, and Professional Services - This initiative promotes Research & Development, Commercialisation and Innovation (R&D&C&I). Companies are encouraged to create innovative solutions that tackle current challenges and open doors to new growth opportunities within these sectors.
Ready to apply?
If you are eligible for the Productivity Grant, submit your application now
OBJECTIVE
The Productivity Grant aims to discover and aid groundbreaking products with the potential to enhance customer productivity and operational efficiency.
To stimulate the development of innovative products and solutions that incorporate advanced technologies, novel processes, or unique concepts to address unmet market needs
To support products that improve operational efficiency, reduce costs, or enhance output quality for businesses and consumers.
To contribute to economic development by backing ventures that have the potential to scale, create jobs, and foster competitive advantages in their respective industries.
WHO CAN APPLY?
The Productivity Grant is a matching grant with a maximum cap limit of RM350,000.00 and the project is to be completed within 12 months.
Eligibility Criteria:
Local ownership with equity exceeding 50%
Operational for a minimum of 3 years
Annual sales surpassing RM3 million
Utilisation of an accounting management system
Focused on three key industries – Agro-food, Tourism, and Professional Services.
This initiative promotes Research & Development, Commercialisation and Innovation (R&D&C&I). Companies are encouraged to create innovative solutions that tackle current challenges and open doors to new growth opportunities within these sectors.
ABOUT
Malaysia Productivity Corporation (MPC)
Malaysia Productivity Corporation (MPC), an agency under the Ministry of Investment, Trade and Industry (MITI). MPC’s establishment, roles, and functions are governed by National Productivity Corporation Act (Incorporated) (Amended) 2008. Its main agenda is to drive the productivity of the country. Via Malaysia Productivity Blueprint (MPB) under its purview, MPC has the mandate to pave the way to achieve labour productivity growth target of 3.7% per annum by addressing the challenges in the areas of talent, technology, incentive structure, business environment, and productivity mindset.
The delivery of MPB initiatives at the national, sectoral, and enterprise levels is based on five (5) strategic thrusts. Industry players drive the initiatives at the sectoral and enterprise level through the establishment of eleven (11) industry-led productivity nexus. Through innovative collaborations with industry and academia, MPC has delivered many programme which aim to increase productivity level the levels of programme levels.
Contact us:
Tel: 603 – 7955 7266
Email: gp@mpc.gov.my
Address:
Seksyen Prestasi Produktiviti & Ekonomi
Malaysia Productivity Corporation (MPC)
Lorong Produktiviti, Jalan Sultan
46200 Petaling Jaya, Selangor.